新纖 1409.TW Swing Trading Analysis
TW StockTextiles
(No presentation for 1409)
1409
新纖
13.15D
-1.13%
(-0.15)
1409 Swing Trading Score
3
24
15
Strong Bullish
- AI analysis rates 1409 with a higher swing trading score of 4.
- It is mainly due to the relatively low short-term volatility,along with the relatively low stock price.
- Furthermore, based on historical backtesting, when entering with a swing trading score of 4 and exiting with a score of 1, resulted in 23 trades with a 52.17% win rate and an average profit/loss of 8.37%.
1409 Historical Swing Trading Score
You can use historical scores of 3 or above to observe potential performance and make investment decisions.
1409 Swing Trading Strategy Backtest
The following backtest is based on specified rules since 2007. Price chart shows buy/sell time, cumulative returns, and backtesting statistics.
Entry
Exit
The Backtest Result of 1409 from 2007/01 till Now
- 357.42%
- Cumulative Return
- 8.87%
- Annual Return
- 27.01%
- Volatility
- 0.33
- Sharpe Ratio
Statistics data for entering at or above a Swing Trading score of 4 and exiting at or below a Swing Trading score of 2 from January, 2007 to May, 2025. (Total Trades: 114)
| 1409 | Sector | TW Overall Market | |
|---|---|---|---|
| Wining Rate | 47% | 46% | 45% |
| Avg Return | 2% | 1.5% | 1.7% |
| Avg Profit | 9.5% | 9.6% | 11% |
| Avg Loss | -4.9% | -5.7% | -6.4% |
| Avg Risk-Reward Ratio | 192.1% | 169.9% | 172% |
Update to 2025/5/9 (Daily Update)